Report shows benefits of scrap exports
A report by John Dunham and Associates, released by the Institute of Scrap Recycling Industries (ISRI), highlights the relationship between economic growth and export activities of electronics, or e-scrap. It further puts to rest any notion that a ban on e-scrap exports would result in more competition, increased jobs and lower the costs for consumers.
“The Dunham report reaffirms that a total ban on the export of used electronics only harms the economy by reducing competition among responsible recyclers in the e-recycling industry,” said Robin Wiener, president of ISRI. “Not only would workers in the export business and those supporting it lose their jobs, but as larger e-recyclers crowd out the market, those working at small and mid-sized companies would be displaced. Less competition also means higher costs for consumers who in turn may find it cheaper to discard used electronic products rather than recycle.”
It predicts that many smaller firms would be forced out of business and workers let go as a result. As the findings state, “Rather than create opportunity for small domestic businesses, [a ban] will consolidate business to those firms that already have the necessary machinery and manpower. It will crowd out small existing businesses and inhibit the entry of newer businesses.”